Cement News tagged under: new plants
Oil-well cement plant launched in Kazakhstan06 November 2018, Published under Cement NewsAn oil-well cement plant is set to be launched in Kyzylorda region in December as part of the Industrial and Innovative Development Program. This isa joint Kazakh-Chinese enterprise that will export to Uzbekistan, Kyrgyzstan and Turkmenistan. The cement plant will cost approximately TZT66bn (US$1177.4m) and have a capacity of 1Mta. TOil well cement is in high demand during construction works in oil and gas, as well as nuclear and space industries. The enterprise extracts sand, dolomite, lim... |
Northern province of Vietnam will not plan more cement plants23 October 2018, Published under Cement NewsVietnam’s northern province of Quang Ninh will not add more cement or thermal power plants to provincial planning due to concerns about their negative impacts on the environment, according to Nguyen Van Doc, secretary of the provincial Party Committee and chairman of People's Council. The authority had already removed thermal power projects from planning in the Quang Yen and Dam Ha districts of the province. Quang Ninh already has ten large-scale cement and thermal power plants, according t... |
Chinese to build more cement factories in Uzbekistan10 September 2018, Published under Cement NewsChinese company Henshui Decheng Machinery and Equipment Co Ltd has signed an agreement to build several cement and brick factories in Jizzakh region, Uzbekistan. The announcement was made by the State Investments Committee of Uzbekistan. It is part of a plan to increase trade between Uzbekistan and China to US$10bn by 2020, reports Trend news agency. Currently, more than 700 enterprises with Chinese investment are operatign in Uzbekistan. More than 80 companies have been created with 1... |
Uzbekistan eagerly awaits new cement capacity24 August 2018, Published under Cement NewsThis week CemNet reported on the inauguration of JSC Almalyk Mining and Metallurgical Combine's new 1.5Mta plant at Sherabad, Uzbekistan. The project was orchestrated by Dal Teknik Makina of Turkey and is one of a number of new capacity projects that have been attracted to the high cement demand forecasts in this former Soviet Union country. The Sherabad factory is JSC Almalyk Mining and Metallurgical Combine's largest plant in Uzbekistan and joins the facility that the group operates i... |
Zambia starts work on new 1Mta cement plant30 July 2018, Published under Cement NewsZambia's President, Edgar Lungu, has officially launched China National Building Materials' (CNBM) cement plant in Chongew Mapande Industrial Park, Zambia. The project will be undertaken in two phases, creating over 400 direct jobs and a further 2500 jobs for Zambians once fully operational. "The first phase which is being commissioned today has a total investment of US$200m and consists of 1Mt cement production line per year, a 60m pan brick production line, a 200,000Mm 3 of pr... |
Vietnam’s dragon of growth29 June 2018, Published under Cement NewsWith strong economic growth fuelling infrastructure investment and China importing more clinker than ever, its not hard to see why Vietnam’s cement producers are enjoying a surge in demand. But the industry remains highly-fragmented and needs to tackle its oversupply situation as new mega plants arrive on the scene. The Vietnamese dragon is a symbol of growth. Last year saw the country report GDP expansion of 6.8 per cent, the highest rate in the last decade Last year saw Vi... |
PPC expects profit increase in FY1818 June 2018, Published under Cement NewsSouth Africa’s PPC expects its net profit attributable to shareholders to increase between 55-65 per cent for the financial year ended 31 March, compared with ZAR93m (US$6.9m) of the previous year. However, the group’s EBITDA from operations is expected to decline by 5-12 per cent YoY. "Group EBITDA has been negatively impacted by costs related to corporate action, restructuring and separation costs, which were communicated previously. Excluding this impact and the fluctuation in exchange... |
Shree Cement announces investment plans11 June 2018, Published under Cement NewsIndia’s Shree Cement Ltd has announced a INR35bn (US$519.79m) capital expenditure budget for the current financial year. The amount includes INR20bn which will be spent to conclude the acquisition of UAE-based United Cement Co PSC by July, a few months ahead of plans, according to Subhash Jajoo, CFO, Shree Cement. Furthermore, the company plans to invest INR13-14bn to set up grinding units in Odisha, Jharkhand and West Bengal. Once completed, these plans would see the company raise its prod... |
New projects to take total Ugandan output to 6.8Mta08 January 2018, Published under Cement NewsA number of projects in Uganda are expected to commence operation this year, taking total cement production to 6.8Mta from 3.6Mta, reports Ugandan newspaper The Independent. Hima Cement’s new 1Mta facility in Tororo is expected to open in 1Q18 and will take the company’s overall capacity to 1.8Mta. Meanwhile, Tororo Cement is awaiting a capacity increase to 3Mta from 1.9Mta through a plant expansion. National Cement is also investing US$185m on a 1Mta plant in the same region, which is ex... |
Philippines: DTI aproached about two new cement plants14 March 2017, Published under Cement NewsRamon Lopez, secretary of the Department of Trade and Industry (DTI) of the Philippines said two local groups have approached the agency on plans to add new cement capacity to the country's production base. One of the groups is itself engaged in cement importation and the two enterprises could spend up to US$1bn on greenfield cement plants. Mr Lopez did not disclose details of these projects but said the two groups have started securing clearances for their proposed operations. He explaine... |